Malaysia's AirAsia Group has received approval from Danajamin Nasional Bhd for a club facility of up to RM500 million , it said in a statement on Tuesday.
The loan, 80 percent of which is guaranteed by the government, is earmarked for working capital purposes, which will support staff costs and key operating expenses...
Good. It’s time to recharge and fly again.
AirAsia company insurance policy alone cost 400 millions.. 😆
The man will came out from crisis
I love the cheap fares but this is “shit unfair”. Mr Fernandez, all the profit you made u distribute md to the share holders. The moment you have money issues you go back to my tax money!!! Don’t you save some from your profit for rainy days?
Easy to get loan from gov 😄eventho your acc is red.
Wahhhhhh
If this money is not used to pay salaries of AirAsia staff, then it's another mega waste of Rakyat's money.
great. will the right issue eliminated? right issue with free warrant, who dont want!!arghh
After Sabah Development Bank lent RM300M
A Drop in the heavy laden debt company
Without gov't guaranteed, AirAsia closed shop long ago but anyway it's highly gear as once passengers loads reduced it can really fly kite and gov't money will be dissipated...you should know how govt money derived from mostly.
ezrani711